Economy
Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......
Economic experts in Morocco view China’s recent removal of customs duties on imports from African countries as a significant chance for Morocco to address its longstanding trade imbalance with China. Despite Morocco achieving record exports worth $1.3 billion to China last year, this amount remains......
The growing influence and wealth of global elites have become a focal point of public frustration, straining the social fabric amid rising inequality. This tension manifests across continents, with economic disparities and elite dominance reshaping political and cultural landscapes. Elite universities......
The United States and China have reached a preliminary agreement on trade following two days of discussions in London aimed at easing tensions between the two nations. While the details of the framework, announced on Tuesday, remain vague, this development comes a month after both countries agreed to......
Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......
The United States and China are scheduled to hold trade discussions on Monday in London, according to U.S. President Donald Trump, who shared the news on his platform Truth Social. These talks aim to reach a trade agreement between the two largest global economies. President Trump announced that the......
The President shared that he recently held a constructive phone conversation with President Xi of China, focusing on the recently finalized trade agreement. The discussion lasted about an hour and a half and concluded positively for both nations. The conversation addressed the complexities surrounding......
U.S. President Donald Trump has significantly increased tariffs on imported steel and aluminum, raising them to 50%. This move, announced in a presidential order effective from 12:01 a.m. local time on Tuesday, is presented as a measure to protect national security. According to the White House, although......
Morocco has emerged as a pivotal player in the global automotive sector, transforming from an outsider to the leading car producer in Africa. Remarkably, it has become the primary supplier of vehicles to the European Union, surpassing established giants......
Shandong Yongsheng Rubber, a leading Chinese tire manufacturer, has confirmed plans to establish a tire production facility in Morocco’s Kenitra Automotive City. Founded in 1986, the company seeks to expand globally by leveraging Morocco’s geographic and trade advantages. The factory will......
A U.S. federal court has delivered a significant blow to President Donald Trump's economic agenda by blocking his sweeping tariffs, a central feature of his trade policy. The Court of International Trade ruled that the emergency powers invoked by the White House did not grant the president unilateral......
Construction of Africa’s inaugural gigafactory is poised to commence within days in Kenitra. Gotion Power Morocco has completed the preparatory groundwork for this monumental battery manufacturing facility. The Sino-European electric vehicle battery powerhouse signed a significant investment agreement......
French newspaper “Le Dauphiné libéré” has hailed Morocco as “the new Eldorado” for automotive manufacturers, highlighting the country's burgeoning automotive sector as a vital pillar of its economy and the leading export industry. Morocco has successfully......
